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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:    
Net loss including noncontrolling interests in subsidiaries $ (17,129,000) $ (104,848,000)
Adjustments to reconcile net loss including noncontrolling interests in subsidiaries to net cash provided by (used in) operating activities:    
Change in fair value of investment, net (Note 6) (9,899,000) 59,103,000
Loss on sale of investment (Note 6) 9,230,000 19,095,000
Impairment of other investment (note 6) 8,195,000 1,000,000
Gain on disposal of other investment (Note 6) (2,000,000) 0
Depreciation and amortization 3,227,000 27,145,000
Change in fair value of Series A redeemable convertible preferred stock embedded derivative (3,258,000) 0
Change in fair value of Series A warrant (1,260,000) 0
Non-cash stock compensation 1,075,000 (317,000)
Change in value of trading securities (2,241,000) 0
Impairment of patent-related intangible assets 0 28,210,000
Other 0 (436,000)
Changes in assets and liabilities:    
Accounts receivable 32,373,000 (28,189,000)
Prepaid expenses and other assets (220,000) (208,000)
Accounts payable and accrued expenses 109,000 963,000
Royalties and contingent legal fees payable (20,510,000) 19,359,000
Net cash provided by (used in) operating activities (2,308,000) 20,877,000
Cash flows from investing activities:    
Patent acquisition costs (4,420,000) 0
Sale of investment at fair value (Note 6) 6,628,000 19,097,000
(Purchase) Sale of other Investments (Note 6) 2,000,000 (7,000,000)
Purchases of trading securities (147,178,000) (102,769,000)
Maturities and sales of trading securities 75,090,000 66,640,000
Purchases of property and equipment (183,000) (34,000)
Net cash provided by (used in) investing activities (68,063,000) (24,066,000)
Cash flows from financing activities:    
Repurchase of common stock 0 (4,634,000)
Repurchase of restricted common stock 0 (229,000)
Issuance of redeemable convertible preferred stock and Series A warrants, net of issuance costs 33,842,000 0
Proceeds from exercise of stock options 79,000 257,000
Net cash provided by (used in) financing activities 33,921,000 (4,606,000)
Decrease in cash and cash equivalents and restricted cash (36,450,000) (7,795,000)
Cash and cash equivalents and restricted cash, beginning 128,809,000 136,604,000
Cash and cash equivalents and restricted cash, ending $ 92,359,000 $ 128,809,000